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Tag "magellan-minerals"

Magellan Closes Financing With Sandstorm Gold 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 05/15/12 — (TSX VENTURE: MNM)(OTCQX: MAGNF) ("Magellan") is pleased to announce the closing of the previously announced transaction with Sandstorm Gold Ltd. ("Sandstorm") (see press release dated ), whereby Magellan will grant Sandstorm Gold Ltd. a 2.5% net smelter returns royalty ("NSR") on the Coringa gold project ("Coringa") and a 1.0% NSR on the Cuiu Cuiu gold project ("Cuiu Cuiu"), both of wh

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Magellan Steps Out at Cuiu Cuiu and Drills 7.8m @ 8.44 g/t Gold 300m East of Central Zone 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 07/21/11 — Magellan Minerals Ltd. (TSX VENTURE: MNM) ("Magellan") is pleased to report results on an additional 11 drill holes from the Cuiu Cuiu project in Para, Brazil, where current resources total 0.1 Moz (3.4Mt @ 1.0 g/t) of gold in the indicated category and 1.2 Moz (31Mt @ 1.2 g/t) of gold in the inferred category. All of the holes reported here are step-out holes drilled to test possible extensions to the Central and Moreira Gome

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